PEMBROKE, Bermuda, September 17 /PRNewswire/ --
Allied World Assurance Company Holdings, Ltd (NYSE: AWH) today disclosed that it is carrying US$51.9 million face value of senior notes issued by Lehman Brothers Holdings Inc. which on Monday September 15th filed for Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. This currently represents less than one percent of Allied World's total investment portfolio and Allied World has no other ownership interest in Lehman Brothers Holdings Inc.
About Allied World Assurance Company
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions, offering superior client service through offices in Bermuda, the United States and Europe. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company and A- (Strong) by Standard & Poor's. Our Bermuda and U.S. insurance and reinsurance subsidiaries are rated A2 (Good) by Moody's Investors Service. For further information on Allied World, please visit our website at http://www.awac.com.
Web site: http://www.awac.com
